Tag Archives | Ray White

Alpha unit sells at auction

An Alpha apartment was sold and one in the Hobson was passed in at Ray White City Apartments’ auction on Friday – delayed a day because of the America’s Cup parade through the city on Thursday.

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Victoria Quarter

The Hobson, 196 Hobson St, unit 4E:
Features: 100m², one bedroom, secure basement parking space
Outgoings: rates $1635/year including gst; body corp levy $5736/year
Income assessment: $595/week until 1 November, appraisal $600-650/week unfurnished
Outcome: passed in at $540,000
Agent: Krister Samuel

Alpha, 17 Vogel Lane, unit 1306:
Features: 2 bedrooms, parking space
Outgoings: rates $1481/year including gst; body corp levy $4616/year
Income assessment: $470/week for unit, $80/week for parking space, current until February 2018, appraisal for unit $500/week
Outcome: sold for $490,000
Agent: Rochelle Henderson

Attribution: Agency.

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3 apartments sell at Ray White auctions

A Cintra apartment was sold at the pre-auction offer on Tuesday and 2 of the 3 apartments auctioned at Ray White City Apartments on Thursday were also sold under the hammer.

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Learning Quarter

Cintra, 3 Whitaker Place, unit 9A:
Features: 57m², one bedroom, landing area large enough for a study, balcony, remedial plan underway
Outgoings: rates $1620/year including gst; body corp levy $4475/year
Income assessment: $440-480/week
Outcome: sold for $206,000 at auction brought to Tuesday 27 June forward from 13 July, pre-auction offer accepted
Agent: Ron Yang

Waldorf Bankside Apartments, 8 Bankside St, unit 18F:
Features: 30m², fully furnished studio, under Waldorf Hotel management until December 2018
Outgoings: rates $2724/year including gst; body corp levy $5844/year
Outcome: no bid
Agents: Ryan Bridgman & Mitch Agnew

Princeton, 30 Symonds St, unit 8H:
Features: 27m², 2 bedrooms
Outgoings: body corp levy $4577/year
Income assessment: $380-400/week furnished
Outcome: sold for $240,000
Agents: Simon Harrison, Damian Piggin & Daniel Horrobin

Waterfront

Sebel Suites, 85 Customs St West, unit 214:
Features: leasehold, 34m² studio
Outgoings: rates $1236/year including gst; body corp levy $7272/year including $3161/year ground rent
Income assessment: $395/week fixed until August, appraisal $460-480/week furnished
Outcome: sold for $145,000
Agents: Simon Harrison, Damian Piggin & Daniel Horrobin

Attribution: Agency release.

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2 sell, and then the auction success stopped

A leasehold unit in the Scene 2 apartment block on the eastern fringe of the Auckland cbd and a unit up the hill in the Quadrant sold at Ray White City Apartments’ auction yesterday, and then the other 5 on the auction list were passed in.

Those not sold included 2 units in the new Ramada Suites across the road from the park-&-ride at the Albany bus station, and a unit in City Gardens, where work is yet to start on a remediation project.

CBD

Albert St

City Gardens, 76 Albert St, unit 9F:
Features: 59m², 2 bedrooms, balcony, remediation programme still to be undertaken
Outgoings: rates $1227/year including gst; body corp levy $3706/year
Income assessment: $360/week current
Outcome: passed in at $360,000
Agent: James Mairs

Learning Quarter

Pinnacle, 18 St Martins Lane, unit 1401:
Features: 69m² unfurnished sub-penthouse, 2 bedrooms, balcony, parking space
Outgoings: no rates assessment yet; body corp levy $4416/year
Income assessment: $650-680/week furnished
Outcome: sole bid was $650,000 from vendor as an indicator, passed in
Agents: May Ma & Mark Li

The Quadrant, 10 Waterloo Quadrant, unit 1014:
Features: 32m², one bedroom, balcony, parking space on separate title, unit out of the hotel pool & vacant
Outgoings: rates $1173/year including gst for unit, $127/year for parking; body corp levy $3687/year for unit, $1166/year for parking
Income assessment: $500-550/week furnished
Outcome: sold for $463,000
Agents: May Ma & Mark Li

Cintra, 3 Whitaker Place, unit 17C:
Features: 57m², one bedroom,
Outgoings: rates $1797/year including gst; body corp levy $5114/year
Income assessment: under Crown on Cintra Lane hotel management, appraisal $480-520/week furnished
Outcome: passed in at $210,000
Agents: Simon Harrison, Damian Piggin & Daniel Horrobin

Quay Park

Waldorf on Scene, Scene 2, 18 Beach Rd, unit 1406:
Features: leasehold, 75m², 2 bedrooms, parking space
Outgoings: rates $1683/year including gst; body corp levy $5285/year, ground lease $7249/year
Outcome: sold for $201,000
Agent: James Mairs

North-east

Albany

Ramada Suites, 254 Cornerstone Drive, unit 205:
Features: 34m², one bedroom, parking space
Outgoings: no rates assessment yet; body corp levy $1791/year
Outcome: passed in at $335,000
Agents: Simon Harrison, Damian Piggin & Daniel Horrobin

Ramada Suites, 254 Cornerstone Drive, unit 301:
Features: 74m², 2 bedrooms, 2 bathrooms, parking space
Outgoings: no rates assessment yet; body corp levy $3180/year
Income assessment: vacant
Outcome: passed in at $610,000
Agents: Simon Harrison, Damian Piggin & Daniel Horrobin

Attribution: Auction.

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3 of 4 apartments sell at auction

3 central-city apartments were sold under the hammer at Ray White City Apartments’ auction yesterday and one passed in.

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Albert St

Prince Albert, 41 Albert St, unit 4A:
Features: 122m², 2 levels, 2 bedrooms, 2 bathrooms, laundry, deck, parking space
Outgoings: rates $2013/year including gst; body corp levy $13,628/year
Outcome: passed in at $750,000
Agents: Tanya Kwasza & Marie Graham

Learning Quarter

Celestion, 19 Anzac Avenue, unit 1701:
Features: 68m² internal, 2 covered decks & storage locker add 16m², 2-bedroom sub-penthouse
Outgoings: rates $1836/year including gst; body corp levy $7119/year
Outcome: sold for $667,100
Agent: Dominic Worthington

Waldorf Bankside, 8 Bankside St, unit 11F:
Features: 30m², fully furnished studio
Outgoings: rates $2503/year including gst; body corp levy $5107/year
Income assessment: leased to Waldorf Hotel
Outcome: sold for $283,500
Agents: Mitch Agnew & Ryan Bridgman

Tetra House, 85 Wakefield St, unit 101:
Features: 41m², dual key studios on one title – 2 bedrooms, 2 bathrooms
Outgoings: rates $1164/year including gst; body corp levy $4111/year
Income assessment: $320 & $270/week current, appraisal $680-720/week combined
Outcome: sold for $383,000
Agents: Simon Harrison, Damian Piggin & Daniel Horrobin

Attribution: Auction.

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One unit sells at Ray White auction

One apartment sold out of 4 on offer at Ray White City Apartments’ auction today. The unit in the Eden Apartments went for 10,000/m².

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Learning Quarter

Eden Apartments, 32 Eden Crescent, unit 11G:
Features: 36m², 2 bedrooms, balcony, option to buy parking space
Outgoings: rates $1329/year including gst; body corp levy $2654/year
Income assessment: $395/week current
Outcome: sold for $360,000
Agents: Damian Piggin, Daniel Horrobin & Ron Yang

Tower Hill, 1 Emily Place, unit 14I:
Features: 34m², fully furnished studio, balcony
Outgoings: rates $1088/year including gst; body corp levy $2130/year
Income assessment: $380-400/week furnished
Outcome: passed in after a bid at $270,000 & vendor bid at $300,000
Agents: May Ma & Mark Li

Uptown

Nova en Scotia, 18 Scotia Place, unit 2D:
Features: 44m², one bedroom, refurbished & new furniture package
Outgoings: rates $1303/year including gst; body corp levy $3514/year
Income assessment: $460-500/week furnished
Outcome: passed in at $465,000
Agents: Mitch Agnew & Ryan Bridgman

Victoria Quarter

Aura, 53 Cook St, unit 1305:
Features: 49m², 2 bedrooms, balcony
Outgoings: rates $1367/year including gst; body corp levy $5370/year
Income assessment: $500-550/week furnished
Outcome: passed in at $350,000
Agent: Jean Ooi

Attribution: Auction.

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2 studios & corner unit sell

All 3 apartments auctioned at Ray White City Apartments yesterday – studios in Oakwood Hall & the Precinct (pictured) and a Zest corner unit – were sold under the hammer.

A commercial space in the Summit on Symonds, containing 3 storage lockers and leased to the body corporate, was passed in.

CBD

Learning Quarter

Summit on Symonds, 103 Symonds St, unit 14:
Features: 40m², contains 3 storage lockers, on 21-year lease to body corporate manager
Rent: $15,000/year + gst + outgoings
Outgoings: rates $1050/year including gst; body corp levy $1093/year
Outcome: passed in at $232,000 + gst
Agents: Jasmine Yao

Oakwood Hall, 81 Wakefield St, unit 14C:
Features: 29m² studio
Outgoings: rates $1101/year including gst; body corp levy $2311/half-year
Income assessment: $380-420/week
Outcome: sold for $283,000
Agents: Krister Samuel & Craig Warburton

Lorne St

Precinct Residences, 6 Lorne St, unit 908;
Features: 21m², furnished studio, balcony
Outgoings: body corp levy $1871/year
Income assessment: $350/week fixed until August, assessment $375-390/week furnished
Outcome: sold for $300,000
Agents: Judi & Michelle Yurak

Victoria Quarter

Zest, 72 Nelson St, unit 1128:
Features: 48m² corner apartment, part-furnished 2 bedrooms, 2 bathrooms, balcony, parking space
Outgoings: rates $1278/year including gst; body corp levy $5232/year after 10% prompt payment discount
Outcome: sold for $405,000
Agents: Victor Liu

Attribution: Auction.

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3 apartments sell at Ray White auction

3 of the 5 apartments auctioned at Ray White City Apartments today were sold under the hammer. One was a penthouse on Anzac Avenue (pictured), another was a leasehold unit in Lighter Quay and the third was one of 2 studios in the Bankside Apartments at the top of Shortland St.

CBD

Learning Quarter

Avenue 105, 105 Anzac Avenue, unit 4C:
Features: 97m², penthouse-level 2 bedrooms, 2 bathrooms, secure covered parking space
Outgoings: rates $1988/year including gst; body corp levy $6442/year
Income assessment: $600/week unfurnished, fixed until November, appraisal $700-750/week furnished
Outcome: sold for $705,000
Agents: Mitch Agnew & Ryan Bridgman

Bankside Apartments, 8 Bankside St, unit 7D:
Features: 30m² studio with partitioned bedroom, balcony
Outgoings: rates $1075/year including gst; body corp levy $4665/year
Income assessment: $450/week
Outcome: sold for $315,000
Agent: Ann Bennett

Bankside Apartments, 8 Bankside St, unit 6D:
Features: 30m² studio with partitioned bedroom, balcony
Outgoings: rates $1075/year including gst; body corp levy $4469/year
Income assessment: $450/week
Outcome: passed in at $285,000
Agent: Ann Bennett

The Quadrant, 10 Waterloo Quadrant, unit 1918:
Features: 32m², furnished one bedroom
Outgoings: rates $1211/year including gst; body corp levy $4013/year
Income assessment: out of hotel pool, $430-460/week furnished
Outcome: passed in at $380,000
Agents: May Ma & Mark Li

Wynyard Quarter

Lighter Quay, 75 Halsey St, unit 303:
Features: leasehold 45m², furnished one bedroom, secure parking space
Outgoings: rates $1481/year including gst; body corp levy $6712/year including $3254/year ground rent
Income assessment: $550/week
Outcome: sold for $202,000
Agent: Liz McCarthy

Attribution: Auction.

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Updated: 2 more sold; apartment sales take hefty discounting

Published & updated 19 May 2017
Update: 2 more apartments were sold shortly after yesterday’s auction at Ray White City Apartments, taking sales to 5 out of 7. The post-auction sales were at HarbourCity & The Wakefield, details below.

Under the hammer

3 apartments were sold under the hammer out of 7 auctioned at Ray White City Apartments yesterday, but the road to a sale demonstrated the slide in pricing in Auckland’s residential markets.

A unit in the Aura on Cook St was knocked down after the vendor’s bottom price was revealed, followed by a long pause before it was taken up.

That was followed by the sale of leasehold units in Q City at the top of Queen St and Scene 3 in Quay Park. The unit in Q City (pictured) went for $13,000 under the declared reserve.

2 small units in Winsun Heights – real shoeboxes – were passed in.

Updated details:

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Commerce/Gore

Updated: HarbourCity, 16 Gore St, unit 37A:
Features: 38m², one bedroom
Outgoings: rates $3077/year including gst; body corp levy $2479/year (excluding water & gas); $5099 levy for remediation investigation & legal fees, of which first instalment $1283 paid
Income assessment: $430-460/week furnished
Outcome: passed in at $300,000, sold shortly after the auction for $315,000
Agents: May Ma & Mark Li

Learning Quarter

Updated: Wakefield, 18 Wakefield St, unit 2C:
Features: 98m² including 4m² deck, 2 bedrooms, 2 bathrooms, parking space, renovations completed
Outgoings: rates $1671/year including gst; body corp levy $4012/year
Outcome: passed in at $750,000, shortly after the auction for $805,000
Agent: Dominic Worthington

Quay Park

Scene 3, 30 Beach Rd, unit 1408:
Features: leasehold, 77m², one bedroom, study, parking space
Outgoings: rates $1810/year including gst; body corp levy $5496/year, ground rent $11,867/year
Outcome: sold for $151,000
Agent: Andrew Bond

Uptown

Q City, 15 City Rd, unit 10H:
Features: leasehold, 40m², fully furnished one bedroom, balcony
Outgoings: rates $1050/year including gst; body corp levy $3985/year, ground rent $5642/year
Income assessment: $450-480/week furnished
Outcome: declared reserve $99,000, sold for $86,000
Agent: Liz McCarthy

Winsun Heights, 113 Vincent St, unit 12A:
Features: 17m² top-floor studio
Outgoings: rates $1008/year including gst; body corp levy $2774/year
Income assessment: $280/week current, appraised estimate $350/week
Outcome: passed in at $125,000
Agent: Ann Bennett

Winsun Heights, 113 Vincent St, unit 12B:
Features: 14m² top-floor studio
Outgoings: rates $996/year including gst; body corp levy $2774/year
Income assessment: $280/week current, appraised estimate $320/week
Outcome: passed in at $130,000
Agent: Ann Bennett

Victoria Quarter

Aura, 53 Cook St, unit 713:
Features: 49m², refurbished 2 bedrooms, parking space
Outgoings: rates $1287/year including gst; body corp levy $4949/year
Income assessment: $560-600/week furnished
Outcome: sold for $440,000
Agents: Ron Yang, Damian Piggin & Daniel Horrobin

Attribution: Auction.

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Siena Terraces & Nova en Scotia apartments sell

2 apartments were sold and 3 passed in at Ray White City Apartments’ auction today.

The sales were at Siena Terraces in Grey Lynn (pictured) and Nova en Scotia, overlooking Myers Park in the central city.

CBD

Learning Quarter

Argent Hall, 2 Eden Crescent, unit 7B:
Features: 48m², one bedroom, basement storage locker
Outgoings: rates $1215/year including gst; body corp levy $4544/year
Income assessment: $480-500/week furnished
Outcome: passed in at $400,000
Agents: Judi & Michelle Yurak

The Crescent, 7 Eden Crescent, unit 201:
Features: 59m², refurbished 2 bedrooms, parking space
Outgoings: rates $1496/year including gst, parking $127/year; body corp levy $6879/year, parking $1166/year
Income assessment: $600-650/week furnished
Outcome: passed in at $540,000
Agents: Simon Harrison, Damian Piggin & Daniel Horrobin

Uptown

Nova en Scotia, 18 Scotia Place, unit 10E:
Features: 44m², one bedroom, furniture package available, secure covered parking space
Outgoings: rates $1468/year including gst; body corp levy $4953/year
Income assessment: $580-600/week furnished
Outcome: sold for $495,000
Agents: Mitch Agnew & Ryan Bridgman

Isthmus west

Grey Lynn

Siena Terraces, 6 Burgoyne St, unit 3K:
Features: 55m², one bedroom, balcony, tandem parking
Outgoings: rates $1169/year including gst; body corp levy $3712/year
Income assessment: $580-650/week
Outcome: sold for $462,000
Agents: Liam Kyle

One on Ophir, 1 Ophir St, unit 3B:
Features: 70m², unfurnished 2 bedrooms, 2 bathrooms, deck, secure parking space
Outgoings: rates $1524/year including gst; body corp levy $4520/year
Income assessment: $600-650/week furnished
Outcome: passed in at $625,000
Agents: Ryan Bridgman & Mitch Agnew

Attribution: Auction.

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4 apartments sell at Ray White auction

4 of the 5 apartments auctioned at Ray White City Apartments today were sold under the hammer, starting with a one-bedroom unit in the leasehold Docks on Quay St (pictured), where the bidding climbed in $1000 & $2000 raises for $28,000 before the hammer fell.

In a contrast of approaches in a market which is hard to read, auctioneer Ted Ingram said one vendor had dropped their asking price considerably to get a sale, whereas the owner of the Aura unit that was passed in had held out for a figure well above the last bid.

CBD

Learning Quarter

The Quadrant, 10 Waterloo Quadrant, unit 1710:
Features: 41m², 2 bedrooms, balcony
Outgoings: rates $1427/year including gst; body corp levy $5213/year
Income assessment: $580-600/week
Outcome: sold for $445,000
Agents: Simon Harrison, Damian Piggin & Daniel Horrobin

Quay Park

The Docks, 4 Dockside Lane, unit 220:
Features: leasehold, fully furnished 33m², one bedroom, parking space
Outgoings: rates $1164/year including gst; body corp levy $6216/year including $2388/year ground rent; the body corporate has begun legal proceedings against Auckland Council over building defects
Income assessment: $430/week current, appraisal $480-500/week furnished
Outcome: sold for $148,000
Agents: May Ma & Mark Li

Queen St

Portland Tower, 62 Queen St, unit 4C:
Features: 37m², one bedroom, balcony
Outgoings: rates $1126/year including gst; body corp levy $5362/year
Income assessment: $460-480/week furnished
Outcome: sold for $423,000
Agents: Ron Yang, Damian Piggin & Daniel Horrobin

Victoria Quarter

Aura, 53 Cook St, unit 1304:
Features: 49m², 2 bedrooms, balcony
Outgoings: rates $1253/year including gst; body corp levy $5370/year
Income assessment: $460/week current
Outcome: passed in at $390,000
Agents: Simon Harrison, Damian Piggin & Daniel Horrobin

Altitude, 34 Kingston St, unit 3E:
Features: 40m², 2 bedrooms
Outgoings: rates $1050/year including gst; body corp levy $3553/year
Income assessment: $400/week
Outcome: sold for $315,000
Agents: Ron Yang, Damian Piggin & Daniel Horrobin

Isthmus west

Grey Lynn

Siena Terraces, 6 Burgoyne St, unit 1S:
Features: one bedroom, 2 parking spaces
Outcome: withdrawn from auction
Agent: Judi Yurak

Attribution: Auction.

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